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Posted: 05th Jan 2022

What is a mortgage broker?

By: Sarah Williams

A mortgage broker, or advisor will work directly with you to help you decide what type of mortgage is best for your circumstances, and then shop around to find the right deal for you. Your broker will then arrange the mortgage between you and the lender on your behalf, saving you a lot of time and stress. 

Mortgage advisor

Benefits of using a mortgage broker

The mortgage market can be confusing for everyday people; a mortgage advisor can offer expert advice to suit your personal situation and recommend relevant deals. A mortgage brokers services usually include:

  • Assessing your financial situation

  • Suggesting the most suitable mortgages for your needs

  • Searching the market to find deals that match your criteria

  • Managing your application and liaising with your chosen lender until completion

Whether you are: purchasing your first home, moving house, remortgaging or investing in property, mortgage advisors can deliver tailored advice. Using a mortgage broker can save you a lot of time and stress. They will take care of everything, including searching for the right deal and communicating with the lender directly for you. Lenders have many requirements for awarding a mortgage. However, before applying, a mortgage broker can advise you on which lenders will most likely accept you and steer you away from deals you're unlikely to get. Mortgage brokers can also advise you on how to improve your application and hence increase your likelihood of acceptance.

Overall, a mortgage broker's expert knowledge in finance is advantageous when applying for a mortgage. An advisors' experience, contacts, and professional expertise mean you will have a better chance of finding the right deal.

Blossomfield Mortgages

Why choose Blossomfield as your mortgage broker?

Navigating the mortgage market can be confusing and intimidating, but here at Blossomfield, we can help. We offer comprehensive advice for both Mortgages and Insurance protection policies. Our leading team of financial advisors are friendly and approachable, fully qualified and extensively trained to assist you, whatever your needs. We provide thorough support during the mortgage process and your dedicated broker will use their wealth of experience to manage your application from start to finish. Following a recommendation, we will liaise with your chosen lender on your behalf to ensure the process runs smoothly.

As evidenced through our glowing reviews on both Google and Facebook, we are a trustworthy business that has your best interests at heart. Getting a mortgage is an important milestone, and we are here to support you.

Get in touch with us today to speak to one of our advisors or book a free consultation.